The Meridian is the official blog of Scott Dauenhauer and Meridian Wealth Management. This blog will update you on financial planning and investment management topics. It will also explore the impact of world events on your portfolio.

Monday, February 15, 2010

The FDIC has issued a press release rebutting the video that is making its way around the internet (and posted on this blog). Yet the rebuttal isn't entirely convincing. While it appears there may be some inaccuracies or rather some things left out about the IndyMac loss sharing agreements, on the whole it does appear that OneWest has big incentives to NOT work out loans.